I see a lot of South American and Mexican students coming to even relatively poorer parts of Europe (e.g., ex-Communist countries) to do PhDs, but the opposite is not true.
Is it a good idea to do PhDs in Latin American countries?
I see a lot of South American and Mexican students coming to even relatively poorer parts of Europe (e.g., ex-Communist countries) to do PhDs, but the opposite is not true.
Is it a good idea to do PhDs in Latin American countries?
This of course will depend.
One of my fellow Jesuits got his Ph.D. in (Latin-American) history in Mexico at the UNAM and that was a great place for him. Also, at commencement, he got to wear the coolest academic garb of all of us.
I spend five years teaching in Latin America. The biggest research problem is isolation. Going to a conference just costs almost 1000 dollars more, people are not likely to visit, and you might not have anyone to talk to at the professor level. In some countries, there is a very strong academic tradition that sometimes holds on to facets of academic life that nobody else is anymore. For example, Brazilians rejected my conference paper because it did not have the Sections in a certain order. This being said, there has been much more exchange and many universities have many departments that are thoroughly modernized. You still sometimes have to deal with unjustified academic minority complexes.
Also, your Ph.D. co-students might be different. In the Southern Cone (Ar-Ur-Ch) at least, students work full-time in a company, the Ph.D. in Computer Science is not valued in industry outside a few research labs, and the main reason to get a Ph.D. is to be promoted at the teaching job they already got. This makes it hard on a department / advisor to obtain a high level of academic accomplishment.
The political maturity of Latin American countries also matters. Chile is in general progressive and modern, Uruguay is pre-occupied with not being Argentina, and Argentina is still suffering from Peronism and wild economic turns.
For a Latin-American, it might be good to get a Ph.D. from outside the country to break the isolation. But you can get a very good education in Latin America and you can do outstanding research there. Unfortunately, if you do the latter, you are being recruited for more attractive positions in the US and Europe.
This is my personal take on it. Others can and will disagree or have very different experiences. Latin America is a great continent of great variety and size.